News

A well-run economy needs an independent Federal Reserve, says former reserve bank head
Former president of the Federal Reserve Bank of Cleveland Loretta Mester says it's important that the Fed stays independent ...
The key detail about interest rates that Republicans should know, but don’t
If the economy is “hot” and “booming,” the Fed shouldn’t lower interest rates. Republicans keep flubbing this.
Should You Open a HELOC or Home Equity Loan Before the Fed’s July Meeting?
If you’re happy with your mortgage rate but want to tap into your home’s equity, consider how the Federal Reserve’s next ...
ABC News7mon
Fed expected to cut interest rates despite rising inflation ... - ABC News
The high interest rates have kept borrowing costs high for everything from credit cards to mortgages. Federal Reserve chair Jerome Powell speaks at the DealBook Summit in New York, Dec. 4, 2024.
CBS News4mon
HELOC rates fall to a new two-year low: What to know now
HELOC interest rates for qualified borrowers are lower than home equity loans (averaging 8.37%), personal loans (averaging 12.37%) and credit cards (averaging over 20%).
Hosted on MSN1mon
Economic Slowdown and Tariff Debate Stir Fed Policy - MSN
While interest rate adjustments can be beneficial in a slowing economy, such measures also carry risks that must be carefully managed. Among the key considerations are: ...
ABC News6mon
Fed holds interest rates steady, defying pressure from Trump
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower them. The announcement put the central bank on a potential ...
CBS News5mon
What's a good short-term CD interest rate in 2025? - CBS News
Interest rates on short-term CDs as of February 18, 2025, according to the FDIC, range from 0.22% for a 1-month CD to 1.80% for a 12-month CD (short-term CDs are defined as an account with a ...
Morningstar5mon
3 ETFs for a Higher-for-Longer Interest-Rate Environment
The Federal Reserve projected just two more rate cuts in 2025, potentially signaling the start of another “higher for longer” interest-rate regime. Here are three highly rated ETFs that should ...